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(Bloomberg) Italy approved an aid package worth just under 8 billion euros ($9 billion) to shield consumers and companies from the soaring energy prices which are dampening the outlook for the country’s economy, Prime Minister Mario Draghi said on Friday. ....
The Felicity Ace, a massive Panama-flagged cargo ship carrying thousands of Volkswagen Group vehicles, caught fire near the Azores islands in the Atlantic Ocean Wednesday afternoon. ....
Ford Motor Co. is looking at ways to separate its electric-vehicle operation from its century-old legacy business, hoping to earn the sort of investor respect enjoyed by Tesla Inc. and other pure-play EV makers. ....
(Bloomberg) Toyota Motor Corp. said it is still trying to get six auto plants back to full production even though a protest that had closed off the Ambassador Bridge linking the U.S. and Canada for a week ended on Sunday night. ....
(Bloomberg) Air India Ltd. named Ilker Ayci, former chairman of Turkish Airlines, its new chief executive officer as the debt-laden carrier embarks on a journey to revamp itself after it was sold to the Tata Group. ....